| ▲ | sillysaurusx 16 hours ago | |
I wonder how the stock markets will react tomorrow. I know someone who turned $6k into $150k by buying options on war related news. The logic is that the markets will almost certainly go up, so bet big at a time like this. It sounded like an easy way to lose $6k, but maybe the upside is worth the risk. I don’t have any experience to know whether this is a sufficiently good bet though. | ||
| ▲ | dingaling 10 hours ago | parent | next [-] | |
> The logic is that the markets will almost certainly go up The markets go up because people buy expecting that the markets will go up, which causes sellers to increase their price because they expect people will pay more because of FOMO, which people still buy because they expect the market to go up further. The snake somehow keeps eating its tail. | ||
| ▲ | zahlman 15 hours ago | parent | prev | next [-] | |
Institutional investors get to trade outside of hours that most ordinary people can't; presuming that this is net positive for markets, they will already be up when the bell rings. | ||
| ▲ | kelnos 11 hours ago | parent | prev [-] | |
> maybe the upside is worth the risk The upside is worth the risk if you can stand to lose $6k without it hurting too much. If you can't, then it isn't. | ||